TeliaSonera January-December 2011
Continued revenue growth and margin improvementFourth quarter · Net sales in local currencies and excluding acquisitions increased 2.1 percent. In reported currency, net sales increased 1.0 percent to SEK 27,123 million (26,851). · The addressable cost base in local currencies and excluding acquisitions decreased 4.6 percent. In reported currency, the addressable cost base decreased 5.8 percent to SEK 7,828 million (8,311). · EBITDA, excluding non-recurring items, increased 3.2 percent in local currencies and excluding acquisitions. In reported currency, EBITDA increased 2.1